1038 E 224th Street, Bronx, NY 10466
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
1038 E 224th Street,Bronx, NY 10466
$1,100,000
- 7 Beds
- 4 Baths
- 2,016 sq. ft.
- Multi-family
- Active
Listed by: jose j. flores
Office: exit realty private client
MLS#:1049290
Source:OneKey MLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$545.63
About this home
Prime 3-Family Cash-Flow Investment Opportunity in Wakefield
Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location.
The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access.
All units were fully renovated prior to renting.
Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:1049290
- Added:3 day(s) ago
- Updated:September 14, 2026 at 11:29 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Basement:Yes
- Basement Description:Partially Finished, Walk-Out Access
- Living area:2,016 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1940
- Building area:2,016 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
Schools
- High school:Contact Agent
- Middle school:Call Listing Agent
- Elementary school:Contact Agent
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$545.63
- Tax amount:$7,450 (2025)
Features and amenities
- Amenities:Storage
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